Dongfeng, Peugeot maker PSA extend joint venture despite stake sale to smooth mega-merger

BEIJING/PARIS: China's Dongfeng Motor Group and Peugeot maker PSA are extending their business cooperation, despite the Chinese company reducing its stake in PSA to help smooth the French carmaker's merger with Fiat Chrysler Automobiles .

Analysts said the move could smooth US regulatory approval for PSA's roughly US$50 billion merger with Italian-American carmaker FCA .The sale of Dongfeng's shares in PSA, worth around €680 million , will leave the Chinese group holding around 4.5 per cent of the merged PSA-FCA, which is set to become the world's fourth-biggest carmaker by sales volumes.

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้

Long road ahead as Fiat Chrysler, Peugeot agree US$50 billion mergerFiat Chrysler and Peugeot maker PSA have struck a binding deal to create the world's fourth biggest carmaker, and now face the challenge of ...
แหล่ง: ChannelNewsAsia - 🏆 6. / 66 อ่านเพิ่มเติม »

Long road ahead as Fiat Chrysler, Peugeot agree to US$50 billion mergerPARIS/MILAN: Fiat Chrysler and Peugeot maker PSA have struck a binding deal to create the world's fourth biggest carmaker, and now face the ...
แหล่ง: ChannelNewsAsia - 🏆 6. / 66 อ่านเพิ่มเติม »